Mayville Engineering Company, Inc. (MEC) stock
MECNYSEMetal Forgings & StampingsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 4, 2026Score 6/3039% below fair value
$13.99−0.03 (-0.21%)
Close on Nov 12, 2026Market cap $356.75MP/E –Yield –
Mayville Engineering gross margin
Gross margin is gross profit as a percentage of revenue.
Mayville Engineering's gross margin for the twelve months ending Sep 30, 2026 was 9.2%. For fiscal 2025 it was 9.9%, against 12.2% the year before. The highest annual figure on record is 14.3% in fiscal 2018.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 9.9% | −2.3 |
| FY2024 | Dec 31, 2024 | 12.2% | +0.4 |
| FY2023 | Dec 31, 2023 | 11.8% | +0.5 |
| FY2022 | Dec 31, 2022 | 11.3% | +0.0 |
| FY2021 | Dec 31, 2021 | 11.3% | +2.5 |
| FY2020 | Dec 31, 2020 | 8.8% | −2.5 |
| FY2019 | Dec 31, 2019 | 11.3% | −3.0 |
| FY2018 | Dec 31, 2018 | 14.3% | +3.2 |
| FY2017 | Dec 31, 2017 | 11.1% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 11.0% | −0.0 |
| Q2 FY2026 | Jun 30, 2026 | 10.9% | +0.6 |
| Q1 FY2026 | Mar 31, 2026 | 7.6% | −3.7 |
| Q4 FY2025 | Dec 31, 2025 | 6.6% | −2.3 |
| Q3 FY2025 | Sep 30, 2025 | 11.0% | −1.6 |
| Q2 FY2025 | Jun 30, 2025 | 10.3% | −3.3 |
| Q1 FY2025 | Mar 31, 2025 | 11.3% | −1.7 |
| Q4 FY2024 | Dec 31, 2024 | 8.9% | −3.4 |
| Q3 FY2024 | Sep 30, 2024 | 12.6% | +0.6 |
| Q2 FY2024 | Jun 30, 2024 | 13.6% | +2.0 |
| Q1 FY2024 | Mar 31, 2024 | 13.0% | +1.5 |
| Q4 FY2023 | Dec 31, 2023 | 12.3% | +2.2 |
| Q3 FY2023 | Sep 30, 2023 | 12.0% | +0.7 |
| Q2 FY2023 | Jun 30, 2023 | 11.6% | −1.6 |
| Q1 FY2023 | Mar 31, 2023 | 11.5% | +0.6 |
| Q4 FY2022 | Dec 31, 2022 | 10.1% | +1.8 |
| Q3 FY2022 | Sep 30, 2022 | 11.3% | +1.3 |
| Q2 FY2022 | Jun 30, 2022 | 13.2% | −0.3 |
| Q1 FY2022 | Mar 31, 2022 | 10.9% | −2.2 |
| Q4 FY2021 | Dec 31, 2021 | 8.3% | −3.3 |
| Q3 FY2021 | Sep 30, 2021 | 10.0% | −0.7 |
| Q2 FY2021 | Jun 30, 2021 | 13.5% | +15.4 |
| Q1 FY2021 | Mar 31, 2021 | 13.1% | +2.2 |
| Q4 FY2020 | Dec 31, 2020 | 11.6% | +7.7 |
| Q3 FY2020 | Sep 30, 2020 | 10.7% | −0.6 |
| Q2 FY2020 | Jun 30, 2020 | -1.8% | −16.0 |
| Q1 FY2020 | Mar 31, 2020 | 10.9% | −2.7 |
| Q4 FY2019 | Dec 31, 2019 | 3.9% | −7.4 |
| Q3 FY2019 | Sep 30, 2019 | 11.3% | −3.9 |
| Q2 FY2019 | Jun 30, 2019 | 14.1% | −2.8 |
| Q1 FY2019 | Mar 31, 2019 | 13.6% | +0.1 |
| Q4 FY2018 | Dec 31, 2018 | 11.4% | – |
| Q3 FY2018 | Sep 30, 2018 | 15.2% | – |
| Q2 FY2018 | Jun 30, 2018 | 17.0% | – |
| Q1 FY2018 | Mar 31, 2018 | 13.5% | – |
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